These gating tactics might’ve eased network traffic somewhat, but Yuga also played a hand in increasing congestion by, at the last minute, forgoing its typical Dutch auction format. In a Dutch auction, Yuga’s Otherdeed NFTs would have started at one price and then dropped lower over time until the supply ran out.
Related posts
-
Avalanche Labs secures $250m investment
Mid-December has seen a surge in crypto VC funding, headlined by Avalanche Labs’ $250 million raise.... -
Ethena Labs To Launch Synthetic USDe Stablecoin on Dec. 16
Ethena Labs has announced the launch date of its synthetic USDe stablecoin on Dec. 16, 2024,... -
Botanix Labs launches final testnet for its Bitcoin L2
Botanix Labs, a decentralized layer 2 platform purpose-built for Bitcoin-native decentralized finance, has announced that the...